WEBVTT - NIO, Vertiv Rise; RH Moves Higher on Tariffs

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>The Stock Movers report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg data.

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<v Speaker 3>Let's bring in Bloombergs. Is about lee with some market movers.

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<v Speaker 3>Not too much liquidity, not too much action in this market.

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<v Speaker 3>But what are you keeping your eye on?

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<v Speaker 4>We're seeing some movement. Neo shares, for instance, ticker and

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<v Speaker 4>io is up by a little more than one percent.

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<v Speaker 4>That's after the even maker reported deliveries for December that

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<v Speaker 4>showed a thirty three percent gain month over months. So

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<v Speaker 4>Chinese EVN makers are in the spotlight actually because Beijing

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<v Speaker 4>said they will continue to support National Consumer Goods Trade

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<v Speaker 4>and Program, which has been key policy to encourage car

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<v Speaker 4>purchases in the country. So Beijing also said they will

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<v Speaker 4>broad in their physical spending base in twenty twenty six.

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<v Speaker 4>So you see shares of other companies like geele or

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<v Speaker 4>xpang also in the green.

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<v Speaker 1>Yeah, I mean, Neo has definitely been one of those

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<v Speaker 1>shares that's been hugely volatile all year. We were talking

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<v Speaker 1>about our h used free restoration hardware I guess with

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<v Speaker 1>Natalia earlier, and that's been a mover because of Donald Trump.

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<v Speaker 4>Actually it's been a mover because of Donald Trump. And

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<v Speaker 4>UR shares are up by almost double digits. It's really

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<v Speaker 4>gaining after a tariff delay. Shares are trading above a

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<v Speaker 4>two hundred DMA for the first time since March DMIS

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<v Speaker 4>in moving day average, and if you look at all

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<v Speaker 4>the technical analysis the Fibonacci in January high to March low,

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<v Speaker 4>it's around two hundred and two dollars. But ourh I

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<v Speaker 4>was trying to google it because I've been to an

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<v Speaker 4>rh rooftop in Chelsea. They have a nice restaurant and

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<v Speaker 4>I was looking whether they're connected, and I think they are.

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<v Speaker 4>But it's interesting to see furniture retailers really doing well.

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<v Speaker 4>But they really have to also diversified their sourcing ahead

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<v Speaker 4>of the tariffs this year and next in twenty twenty seven.

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<v Speaker 3>Certainly you're also looking at an electric power equipment company

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<v Speaker 3>Vertive Holdings.

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<v Speaker 4>Vertive Holding stock is up by four and a half percent.

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<v Speaker 4>That's after Barclays upgraded a power equipment company to overweight

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<v Speaker 4>from so. Barkley said that it shares currently offer a

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<v Speaker 4>good entry point following recent volatility. They also note that

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<v Speaker 4>this stock's here today performance versus overweight rated artificial intelligence

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<v Speaker 4>name like g i Vernova and nvent Electric, which is

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<v Speaker 4>good for the company. So this leaves very ripe for

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<v Speaker 4>some ketchup.

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<v Speaker 3>Yeah.

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<v Speaker 1>Now you also had a hand in the story that

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<v Speaker 1>he's gonna ge a lot of reads today. It's a

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<v Speaker 1>very funny story, but I was a little disappointed. So

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<v Speaker 1>the title of the story is bet against Christ's return

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<v Speaker 1>pays five and a half percent annual gain on polymarket.

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<v Speaker 1>So it's well, it turns out that people have been

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<v Speaker 1>betting if twenty twenty five is the year that Jesus

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<v Speaker 1>Christ will return, and it actually was a positive gain

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<v Speaker 1>for them.

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<v Speaker 2>But he's not.

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<v Speaker 1>He didn't come.

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<v Speaker 4>He didn't come, I think somebody out there. So poly

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<v Speaker 4>market is this niche world that we're trying to monitor

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<v Speaker 4>poll Market and call sheet and all the other platforms

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<v Speaker 4>because you see a lot of interesting bets there, for instance,

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<v Speaker 4>the frequency of Elon Musk tweets, or even Jeffrey Epstein

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<v Speaker 4>will he turn up alive? So you have oddball stuff

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<v Speaker 4>like that, but you also have really serious stuff. And

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<v Speaker 4>so for things like these, I talked to a lot

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<v Speaker 4>of professors and they all said that, okay, they're fun,

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<v Speaker 4>but it diminishes the importance of these prediction markets because

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<v Speaker 4>remember the prediction markets.

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<v Speaker 1>Have been around your of religious leaders.

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<v Speaker 4>But yeah, go on too. But they started in popularity

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<v Speaker 4>during the elections when they were more accurate than some

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<v Speaker 4>of the polls. So they do have utility in that sense.

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<v Speaker 4>But yes, with this specific bet.

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<v Speaker 1>There were definitely accurate in this case.

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<v Speaker 4>Yeah, some three point three million was placed on the bed.

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<v Speaker 4>Of course many came in as no. And yes, I'm

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<v Speaker 4>annualized without fees, Uh, they gain a profit of five

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<v Speaker 4>and a half.

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<v Speaker 1>Who I mean, who out there took the other side

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<v Speaker 1>of that bet?

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<v Speaker 4>So that's the other thing. I mean, you would think

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<v Speaker 4>who in the right mind would vote no? Maybe some believers,

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<v Speaker 4>but also some of the professors I spoke but said

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<v Speaker 4>not everyone who trades trade to hold. Sometimes you arbitrage.

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<v Speaker 1>Oh that's a good point profit.

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<v Speaker 4>So that's also what I thought in the beginning.

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<v Speaker 1>Could it be christ or Elon Howard? Yes, like you

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<v Speaker 1>want to take one of those for sure?

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<v Speaker 2>The Stockmover's report from Bloomberg Radio. Check back with us

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<v Speaker 2>throughout the day for the latest roundup of companies making

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<v Speaker 2>news on Wall Street and for the latest market moving headlines.

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